1620 E OCOTILLO Road, -, Phoenix, AZ 85016

$850,000
Property Type: Land Lot Size (sq. ft.): 21,344 Status: Active
Current Price: $850,000 List Date: 2/03/2025 Last Modified: 6/19/2025

Description

Infill Deveopment Opportunity. City Approved, Permit Ready Plans for two Duplex buildings. Four two story Units 2,035 SF each. Main living on 2nd floor with awesome views of Piestewa Peak. Permit ready plans and reports will be provided at contract acceptance. Partial plans in document Folder. Build to rent or create a condo plat to sell. Rent comps at $4,500/Unit. Sale Comps at $1,200,000 just up the street.

More Information MLS# 6814930

Contract Information

Current Price: $850,000 List Price: $850,000 Status: Active List Date: 2025-02-03 For Sale or Lease?: Sale Type: Exclusive Right To Sell

Location Tax Legal

House Number: 1620 Compass: E Street Name: OCOTILLO St Suffix: Road City/Town Code: Phoenix State/Province: AZ Zip Code: 85016 Zip4: 1019 County Code: Maricopa Assessor Number: 164-34-022-A Tax Year: 2024

General Property Description

Apx Total Acres: 0.49 Apx Total Acres G/N: N Price Per Acre: 1734693.88 # Lots in Listing: 1 # Units Allowed: 9 Apx SqFt: 21344 Price Per SqFt: 39.82 Apx SqFt G/N: N Lot Size Dimensions: 75' x 277 Horses: N Zoning: R-3 Flood Zone: No Elementary School District: Madison Elementary District High School District: Phoenix Union High School District Elementary School: Madison #1 Elementary School Jr. High School: Madison #1 Elementary School High School: Camelback High School

Remarks Misc

Cross Street: 16th Street & Glendale Ave Directions: South on 16th St from Glendale, East on Ocotillo Rd to property. Drive-by only. Do not disturb tenant without prior notice. Geo Lat: 33.535054 Geo Lon: -112.045966

Legal Info

Township: 2N Range: 3E Section: 10 Lot Number: -

Showing Notification Methods

Showing Service: Aligned Showings

Contact Info

List Agent Cell Phn2: 602-505-2525

Property Features

Special Listing Cond: Owner/Agent Existing Land Use: Residential Lot Zoned Presently: Multi-Family Potential Use: Single Family; Multi-Family Parcel Size: .25 - .49 Acres Current Density: 00 - 01 Units P/Acre Proposed Density: 06 - 10 Units P/Acre Development Status: Plans Available; Plans Included Land Features: East/West Exposure View: Mountain(s) Land Configuration: Square Rectangular Topography: Level Existing Structures: Residence Water Source: City Franchise Sewer: Sewer - Public; Sewer - Available Electric: APS Gas: SW Gas Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: On Property Distance to Sewer: On Property Existing 1st Loan: Treat as Free&Clear New Financing: Cash Environmental: Phase I Available Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Fencing: Block; Wood
Listing Office: HomeSmart
Last Updated: June - 19 - 2025
1620 E OCOTILLO Road, -, Phoenix, AZ 85016- MLS# 6814930
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